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Mountain Breeze Estate - Airlie Beach

 
 

Parkers Road Cannonvale QLD 4802 Australia

Investment Property in Cannonvale, Central Coast, Queensland
 
 
 
 
 
NRAS
This investment property is eligible for the National Rental Affordability Scheme (NRAS): Government backed 10 year rental incentive.

House   Lot 18

Select Investment Property: 

Physical Attributes

Status: Tentatively Under Offer Compass: North of Brisbane
Aspect: North-West Title: Torrens
Bedrooms: 4 Bathrooms: 2 (1 Ensuite)
 
House Area: 162 sqm Land Area: 702 sqm
Views: Mountain Furniture Package: No
Parking: 2 LU GARAGE
Start Date: 15/05/2008 Completion Date: 15/03/2009
 
Special Needs:  Optional based on requirements of buyer
On-Site Manager: No
Inspection Times: Appointment Only
Rental Guarantee: 1 to 3 year periods available
 
Investment Property Overview
This house within the Mountain Breeze Estate - Airlie Beach project contains 4 bedrooms, 1 en-suite, 2 bathrooms, a balcony, 2 LU GARAGEs. It also includes a dining room, a lounge room, internal laundry, built-in wardrobes, a linen cupboard. The kitchen is equipped with cooktop, oven, rangehood, dishwasher. Other features include air conditioning, stainless steel appliances. Within the development comprise security parking, BBQ.

Blessed with the cool sea breezes and rugged natural bushland views, this superb development is nestled only minutes from Airlie Beach, the heart of the Whitsunday's.

Warm long days and balmy nights makes the area an ideal place for a relaxed and easy lifestyle. The perfect place for your next home or investment property.

Mountain Breeze Whitsunday forms part of the Cannonvale community providing all major services to the area. Centro Whitsunday Shopping Centre is a large mall housing many specialty shops, banks, post office, major retail outlets plus sidewalk cafes.

Investment Information

Price: $455,500
Capital Growth
 
Capital Growth
Historical and Predictive capital growth data provided by Residex and updated at the end of Q1 each year.
 
Total Return
The sum of 'Predicated Capital Growth' and 'Gross Yield'.
Total Return: 10.70% 12.90% p.a. (Historical)
 
Weekly Cash Flow
The weekly cash flow the investment averages over 10 years.
Weekly Cash Flow: -$62 -4.10% (2009)
 
Internal Rate of Return (IRR)
Represents the effective 'interest rate' that you receive for your cash invested over a 10 year period.
IRR: 22.48% 5.22% p.a. (5 year predictive)
Gross Yield: 5.48%
 
Gross Yield
Annual rental income as a percentage of purchase price BEFORE factoring expenses.
Population Changes
 
Historical Population Change
Historical data provided by the Australian Bureu of Statistics (ABS) and updated at the end of Q1 each year.
Net Yield: 4.50%
 
Net Yield
Annual rental income as a percentage of purchase price AFTER factoring non-finance expenses.
3.93% p.a. (Historical)
Min Cash Deposit: 5% 2.37% (2009)
Stamp Duty: $14,418
 Market Rent: $500 per week. 
 
 
Depreciation
Amount that may be depreciated where tax allowances apply (subject to investor's circumstances).

Applicable for both building and fixtures.

Depreciation

Building: $218,640 Fixtures: $22,775
 
 
Levies
Recurring expenses associated with owning the property which the landlord is generally required to pay. These costs are estimates provided by the lister of the property and are factored into all performance calculations.

Levies

Council: $1,860 p.a. Water: $260 p.a.
Strata Fee: n.a.
 
Expenses
Management Fee$1747
Land Lord Insurance$350
Maintenance$250
Strata$0
Council$1,860
Water$260
Year 1 Expenses$4,467
10 Year Average$5,098
Expenses are indexed to CPI.
Expenses: $4,467
 
 
Investment Assumptions
These are the values that have been used or entered by you at the top of the page to perform the calculations.

Your Investment Assumptions

Total Income: $85,000
 
Loan Amount
Price:$455,500
+Stamp Duty:$14,418
+Conveyancing:$1,500
+Dep. Report:$545
+Closing Costs:$0
+Loan Costs:$4,492
-Cash Invested$22,775
Loan Amount$453,679
Loan Amount: $453,679
Rent Per Week: $500 Rental Vacancy Rate: 4.00%
Interest Rate: 7.25% Inflation Rate: 2.9%
Cash Deposit: $22,775 NRAS: No
 
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